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Atlantic Realty Companies of Tysons, VA (“Atlantic”) and New York-based alternative investment firm Angelo, Gordon & Co. have acquired Tysons Concourse from California State Teachers' Retirement System (CalSTRS) for $78.8 million. Tysons Concourse consists of two Class A office buildings located near Atlantic's headquarters in the heart of rapidly transforming Tysons, VA. CalSTRS was represented by Eastdil Secured in the transaction.

Situated just one block from the recently opened Spring Hill station on Metrorail’s Silver Line, the buildings have a total of 347,684 square feet of space and are 76 percent leased to a variety of tenants including Frontpoint Security, Konica Minolta, and MassMutual. Last year, Atlantic and Angelo, Gordon teamed up to acquire four office buildings with a total of nearly 500,000 SF of space in Reston, VA, close to the Wiehle Avenue station on Metro’s Silver Line.

Bethesda, MD-based Washington Property Company has completed construction of its latest and most upscale urban living destination, Solaire Bethesda, with 139 luxury rental apartments atop street-level retail space that will feature a True Food Kitchen restaurant scheduled to open in early 2017.

Strategically located at the corner of Wisconsin and Woodmont Avenues in the heart of one of the Washington area’s most sought-after neighborhoods, Solaire Bethesda is just 800 feet from the planned southern entrance to the Bethesda Metro station and Purple Line light rail station. In addition, WPC’s newest transit-oriented mixed-use development is just steps away from nearly 200 restaurants, 20 art galleries, two live theaters, parks, multiple fitness centers, the Capital Crescent Trail, and some of the best shopping in the Washington, DC metropolitan area. Just a few of neighborhood’s trendy boutiques include…

Bethesda, MD-based Washington Property Company has completed construction of its latest and most upscale urban living destination, Solaire Bethesda, with 139 luxury rental apartments atop street-level retail space that will feature a True Food Kitchen restaurant scheduled to open in early 2017.

Strategically located at the corner of Wisconsin and Woodmont Avenues in the heart of one of the Washington area’s most sought-after neighborhoods, Solaire Bethesda is just 800 feet from the planned southern entrance to the Bethesda Metro station and Purple Line light rail station. In addition, WPC’s newest transit-oriented mixed-use development is just steps away from nearly 200 restaurants, 20 art galleries, two live theaters, parks, multiple fitness centers, the Capital Crescent Trail, and some of the best shopping in the Washington, DC metropolitan area. Just a few of neighborhood’s trendy boutiques include…

Washington’s latest church-to-condo conversion may be the city’s most awe-inspiring to date. The Sanctuary, located at 819 D Street, NE in the Stanton Park neighborhood of prestigious Capitol Hill, offers 30 distinctive homes carefully designed and built within the stately red brick walls of a 19th-century Gothic Revival church. The building’s meticulous restoration produces incredible spaces with soaring ceilings, monumental windows, and residences that will not be replicated.

The Rubin Group is leading the development team now nearing completion of an 18-month restoration and transformation effort that includes thoughtful preservation of many century-old features, with its partner Regua. Bonstra Haresign Architects is the architect for the renovations; Potomac Construction Group is the general contractor.

The hallmark of this effort is the careful hand restoration of the beautiful stained and leaded glass windows, the building’s defining feature.…